Rabobank's commercial property lending arm FGH Bank said it plans to securitise EUR 3 bn worth of commercial property loans. The Skyline 2007 CMBS transaction will be the biggest in the Netherlands and one of the biggest in Europe, the company said. The company is being advised by Rabo International and law firm Loyens & Loef. The new notes have been assigned ratings by Moody’s and Fitch Ratings.
Portuguese real estate investor and developer Bondstone is investing around €70 mln in a residential development in Belas Clube de Campo, municipality of Sintra, Portugal.
